Skip to content

Results of the Extraordinary General Meeting of 16 November 2023

Ad hoc announcement pursuant to Article 53 of SIX Exchange Regulation Listing Rules

The shareholders of ONE swiss bank SA have largely approved the two agenda items put to a vote at today’s Extraordinary General Meeting (EGM).

The first item on the agenda was to delist ONE shares from the SIX Swiss Exchange. Under Article 698 para. 2 no. 8 of the Swiss Code of Obligations, a decision to delist requires a two-third’s majority of the voting rights represented. This item was approved by 98.96% of shares with voting rights.

In addition to this delisting, the EGM approved the distribution of an extraordinary dividend of CHF 0.23 per share, paid out of the Company’s reserves. The dividend will be payable on 23 November 2023.

The Extraordinary General Meeting was held in-person in Geneva and by video conference. In total, 64.42% of shares with voting rights (10,042,463 votes) were represented.

Following this EGM, the Board of Directors of ONE swiss bank SA will shortly submit a delisting application for the 15,586,850 registered shares to the Regulatory Board of SIX Swiss Exchange (SIX Exchange Regulation AG).

Following approval by SIX Exchange Regulation AG, the delisting process is due to be completed by the end of the first quarter of 2024, at the earliest.

The Board of Directors is currently assessing the possibility of continuing the trading of ONE shares over-the-counter on an OTC platform, once delisting has been completed.

Agenda Yes No Abstentions
1. Delisting of ONE shares from the SIX Swiss Exchange in accordance with Article 698 para. 2 no. 8 of the Swiss Code of Obligations 9,938,276 98.96% 104,187 1.04% 0
2. Distribution of an extraordinary dividend of CHF 0.23 per share, paid from ONE’s reserves 9,988,267 99.46% 54,196 0.54% 0

– Media release (download PDF)

All documents are available in the “Investor relations” section of the website.

Macro

The hawks are sleepy, the vigilantes are waking up

The Federal Reserve's dovish stance and the prospect of a Donald Trump victory undermine bonds.
Read More →
Corporate Social Responsibility

Sustainability and integrity

At a time when the risk of greenwashing is coming under increasing scrutiny from supervisory authorities, particularly in the financial sector, there is no denying ...
Read More →
Macro

Economic data validate Fed’s plans

Defying predictions of any sort of landing, the US economy continues to fly at high altitude.
Read More →
Investment

Portefeuilles indiciels : Quand la simplicité cache des défis majeurs

La gestion indicielle a conquis les investisseurs institutionnels avec ses promesses tenues d’efficacité à moindre coût, mais derrière ces bénéfices se cachent des défis souvent ...
Read More →
Macro

Money rates fall, bond yields rise

The Fed's decision to start the cycle with a bold move has led to a further steepening of the yield curve.
Read More →
Corporate Social Responsibility

Sustainability and determination

One of the key factors in the success of a sustainability approach is the definition of a long-term strategy, which is the result of strong ...
Read More →
Macro

Nick and Greg blur the lines

Perceived as the Fed's informal transmission channels, two journalists reverse expectations
Read More →
Macro

Goldilocks is alive and kicking

US macroeconomic environment still too favourable to justify large and rapid rate cuts.
Read More →
Macro

Silent approval or wrong signal?

Jerome Powell made no attempt to contradict expectations of rapid and large interest rate cuts.
Read More →
Corporate Social Responsibility

Sustainability and agility

Being agile means knowing how to react quickly and efficiently to change, while limiting the negative impacts.
Read More →